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what i do, the way tip o'neill and ronald reagan did, they worked together. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i want to work with congress on bringing down deductions. one way, for instance would be to have a single number, make up a number, $25,000, $50,000, anybody can have deductions up to that amount. and then that number disappears for high income people. that's one way to do it. another way to do it would be to follow bowles-simpson and do it deduction by deduction. we need to bring down rates, broaden the base, simplify the code and create incentives for growth. with regard to health care, you had remarkable details with regard to my preexisting condition plan. you studied up on my plan. i do have a plan that deals with people with pre-existing conditions, that's part of my health care plan. what we did in massachusetts is a model for the
what i do, the way tip o'neill and ronald reagan did, they worked together. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i want to work with congress on bringing down deductions. one way, for instance would be to have a single number, make up a number, $25,000, $50,000, anybody can have...
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>> i think it's premature in the sense in 1980 ronald reagan was running a bad campaign by lots of standards. he made a comment that trees pollute and that didn't go over well. he did say that. i'm serious. he made lots of other gaffes, but he went on to be president beating carter by quite a bit. i think romney is looking for a message. he produced a huge number of ads looking for something. maybe something comes out of the debate. this electorate is pretty hardened, and obama should be up by a point or two given the economy. that's where we are. so romney has not run a great campaign so far, but maybe this debate provides a springboard. we'll see. >> we will see. john gear, thank you very much. >> thank you. >> all the focus is on the candidates this month. october is also important for another reason. it's got something to do with this. >> we can handle gimpy and the at that rant at that heads, because our invitation was not based on barf and mike and molly as part of the crew. >> i guess we're not in the crew anymore. >> you know, i was kind of hoping you'd say that. >> with that, order
>> i think it's premature in the sense in 1980 ronald reagan was running a bad campaign by lots of standards. he made a comment that trees pollute and that didn't go over well. he did say that. i'm serious. he made lots of other gaffes, but he went on to be president beating carter by quite a bit. i think romney is looking for a message. he produced a huge number of ads looking for something. maybe something comes out of the debate. this electorate is pretty hardened, and obama should be...
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the incumbent was ronald reagan and got his clock cleaned by mondale. trying to win the first debates against their challengers was 0-3. the next time an incumbent president is facing a challenger is 1992. the incumbent president is george h.w. bush. his major party challenger is a young man from arkansas. there's also this other guy with the big ears and it's the other guy with the big ears who wins the first debate. >> the day after, victory for perot. clinton hold his own. trouble for the president. there's no one scorecard for determining who won and who lost last night, but a consensus does seem to be emerging. ross perot, the star of the night because no one knew what to expect. bill clinton just good enough. and president bush, he'll have to do much better. >> by morning, what had been last night's analysis had become conventional wiwisdom. in the headlines. on the "today" show. >> clinton did what he had to do and bush did not. >> and in instant polls. >> those polls show the president finishing third among people who watched the first debate. >
the incumbent was ronald reagan and got his clock cleaned by mondale. trying to win the first debates against their challengers was 0-3. the next time an incumbent president is facing a challenger is 1992. the incumbent president is george h.w. bush. his major party challenger is a young man from arkansas. there's also this other guy with the big ears and it's the other guy with the big ears who wins the first debate. >> the day after, victory for perot. clinton hold his own. trouble for...
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Oct 4, 2012
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what i do, the same way that tip o'neill and ronald reagan worked together some years ago. when ronald reagan ran for office, he laid out the principles that he was going to follow. he said he was going to lower taxes and broaden the base. you've said the same thing, those are my principles. i want to bring down the tax burden middle income families. i want to work together with congress. one way for instance would be to have a single number, make up a number. $25,000, $50,000. anybody can have deductions up to that amount. and then the number disappears for high-income people. one could follow bowles-simpson as a model. and take deduction by deduction and make differences that way. there are alternatives to accomplish the objective i have, which is to bring down rates, broaden the base, simplify the code and create incentives for growth. and with regards to health care you had remarkable details with regards to my preexisting conditions plan. you've obviously studied up on my plan. in fact, i do have a plan that deals with people with preexisting conditions. that's part of
what i do, the same way that tip o'neill and ronald reagan worked together some years ago. when ronald reagan ran for office, he laid out the principles that he was going to follow. he said he was going to lower taxes and broaden the base. you've said the same thing, those are my principles. i want to bring down the tax burden middle income families. i want to work together with congress. one way for instance would be to have a single number, make up a number. $25,000, $50,000. anybody can have...
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what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000. anybody can have deductions up to that amount. that number disappears for high income people. one could follow bowles simspn as a model. and take the deduction by deduction and make a difference is that way. there are other ways to accomplish the objective that i have it. simplify the code, broaden the base, and create incentives for growth. with regards to health care, you obviously studied up on my plan. in fact, i do have a plan that deals with people with pre- existing conditions. that's part of my health care plan towhat we did in massachusetts is. a model for the nation sta
what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000....
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when ronald reagan said, there you go again, it was completely natural to him. as you know, chris, carter was right, he had opposed medicare at the start, but when reagan said, there you go again, it actually sort of discounted everything else that carter had said in that debate. so they've got to be organic, they've got to be natural, they've got to be real. i think everybody at least in the political class who has seen this report is going to be watching the debate to see if we can sort of tick off, oh, that was the prepared zinger. did he bring it off? >> oh, yeah. >> the other thing is he's not very good at this. i mean, you know, i know they don't want him to be spontaneous because he'll say the wrong thing, but delivering a prepared funny line seems to me to be one of the hardest tasks, probably even harder than telling us what's in his tax plan. >> as a journalist, joan, i want your view. suppose you're watching the debate, as we all will be, everybody is going to be watching wednesday night, and you see what is obviously a prefab zinger that doesn't even
when ronald reagan said, there you go again, it was completely natural to him. as you know, chris, carter was right, he had opposed medicare at the start, but when reagan said, there you go again, it actually sort of discounted everything else that carter had said in that debate. so they've got to be organic, they've got to be natural, they've got to be real. i think everybody at least in the political class who has seen this report is going to be watching the debate to see if we can sort of...
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it came from ronald reagan during his debate with jimmy carter. reagan posed a simple question. >> are you better off than you were four years ago? >> four years later president reagan was 73 facing concerns about his age, an issue compounded by his shaky first debate and then turned the weakness into a strength with this line. >> i want you to know that also i will not make age an issue of this campaign. i am not going to exploit for political purposes my opponent's youth and inexperience. >> bill clinton was on the other side of that equation while debating another 73 year old. this one was former senator bob dole. clinton handled the issue this way. >> i don't think senator bill is too old to be president. it's the age of his ideas that i question. >> so we'll have to wait and see if there is a memorable moment tonight that can shape the final month of the race. sometimes it is a one liner. sometimes it is a facial expression. >>> white house soup of the day. that is good soup. i wish i were eating it today. coconut shrimp. you are watching "th
it came from ronald reagan during his debate with jimmy carter. reagan posed a simple question. >> are you better off than you were four years ago? >> four years later president reagan was 73 facing concerns about his age, an issue compounded by his shaky first debate and then turned the weakness into a strength with this line. >> i want you to know that also i will not make age an issue of this campaign. i am not going to exploit for political purposes my opponent's youth and...
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ronald reagan was a master at that. let me play a little clip. >> i will not make age an issue of this campaign. i'm not going to exploit for political purposes my opponent's youth and inexperience. >> it was a good one. it got a great laugh. perry, an argue was mamt by roger simon in politico this morning that mitt romney needs to have a few jokes to leave people with the impression he's a regular guy and not some cardboard cutout. how important are one liners and jakes? perry? >> it's so -- >> i'm sorry. robert. sorry. gosh. >> that's okay. i was waiting for that. it's very important because obviously what american people are looking for, they both know that these individuals are smart. what they're looking for is some type of personal impression by saying, you know what? i like this guy. not only does he get the job of being president, but he's funny and humorous as well. even george w. bush was good at that in 2004 and 2000. the question is whether mitt romney can connect with the american people. most know he can d
ronald reagan was a master at that. let me play a little clip. >> i will not make age an issue of this campaign. i'm not going to exploit for political purposes my opponent's youth and inexperience. >> it was a good one. it got a great laugh. perry, an argue was mamt by roger simon in politico this morning that mitt romney needs to have a few jokes to leave people with the impression he's a regular guy and not some cardboard cutout. how important are one liners and jakes? perry?...
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ronald reagan's perspective has dominated republicans' thoughts on this matter for years. >> we have a different approach, the president and i, between a government-dominated society and a society driven by free people pursuing their dreams. >> reporter: romney insists the federal government should be smaller and less intrusive in terms of regulations and taxes and largely it should keep out of the free market. >> i line up with a smaller government, a less intrusive government, regulations being pared back. >> such views on both sides of course can make a difference. but here is the catch. for the past century, with a few exceptions, the government has been expanding no matter which party has held the white house. more cabinet positions, more agencies, more spending per citizen and much of that is driven by things like we menged at the start. population growth, economic trends and entitlements, meaning the question is probably not whether the government will keep growing under mr. obama or mr. romney, but rather how fast. tom foreman, cnn, washington. >>> child sex trafficking, thos
ronald reagan's perspective has dominated republicans' thoughts on this matter for years. >> we have a different approach, the president and i, between a government-dominated society and a society driven by free people pursuing their dreams. >> reporter: romney insists the federal government should be smaller and less intrusive in terms of regulations and taxes and largely it should keep out of the free market. >> i line up with a smaller government, a less intrusive...
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ronald reagan dispensed with those detail by telling jimmy carter, there you go again. it was on to ron and what he would do differently, the things that define ronald reagan. debates can confirm a trend or dispell a notion. in 1980 they did both. they confirmed voters' doubts about the incumbent but dispelled notions about the challenger, that ronald reagan was not a cowboy who was recklessly send the nation down the path to armageddon with a style that was simple but never questionable: are you better off than four years ago? very simple. very clear. very reagan. for mitt romney that is what it comes down to, whether he can keep it simple, clear, and after all the noise, leave voters understanding what this election really comes down to. are you better off than you were four years ago? he does that, he can make a compelling case. he does not, he's an over and done case. we will see next week. we are there in denver, october 3. we are back for each and every debate after. we start at 8:00 p.m. eastern. we are with you through midnight. folks, we told you from the very
ronald reagan dispensed with those detail by telling jimmy carter, there you go again. it was on to ron and what he would do differently, the things that define ronald reagan. debates can confirm a trend or dispell a notion. in 1980 they did both. they confirmed voters' doubts about the incumbent but dispelled notions about the challenger, that ronald reagan was not a cowboy who was recklessly send the nation down the path to armageddon with a style that was simple but never questionable: are...
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think about ronald reagan. jimmy carter had a lot of great lines in his debate with ronald reagan in the 1980 debate, but ronald reagan kept saying there you go again. in 1984 walter mondale was beating ronald reagan. but reagan said i'm not going to let age be a determining factor, because my opponent is younger than me and less experienced than me. he used humor and well-timed phrases make a big difference in these debates. >> chris, joe raises an interesting point, the same point that matthew dowd raised in a national journal piece. in preparing for the debates, romney and president obama needs to remember that judgments on winning or losing are much more stylistic than substantive. the public isn't interested in getting more detail-specific policy, but in getting pointers about people on stage. when debates have moved in the numbers in the past, it's been result the impressions, mannerisms, style. is it going to be all about style trumping substance? >> he's partly right. he debates especially when you see
think about ronald reagan. jimmy carter had a lot of great lines in his debate with ronald reagan in the 1980 debate, but ronald reagan kept saying there you go again. in 1984 walter mondale was beating ronald reagan. but reagan said i'm not going to let age be a determining factor, because my opponent is younger than me and less experienced than me. he used humor and well-timed phrases make a big difference in these debates. >> chris, joe raises an interesting point, the same point that...
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ronald reagan brought them to washington who said, we have to change the law. >> i've been trying to tell everybody, i'm a conservative. i'm trying to conserve the voting rights act, conserve affirmative action. i'm the conservative. so glad jeffrey toobin came on the show to affirm that for me. >> that's my goal, rev. >> jeffrey toobin. the book is, the oath, the obama white house and the supreme court. you need to read it and get ready for this year. thanks for being here tonight, jeff. we'll be right back. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call...
ronald reagan brought them to washington who said, we have to change the law. >> i've been trying to tell everybody, i'm a conservative. i'm trying to conserve the voting rights act, conserve affirmative action. i'm the conservative. so glad jeffrey toobin came on the show to affirm that for me. >> that's my goal, rev. >> jeffrey toobin. the book is, the oath, the obama white house and the supreme court. you need to read it and get ready for this year. thanks for being here...
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it's going to have to be tweaked the way it was by ronald reagan and speaker, democratic speaker tip o'neal. >> according to the congressional budget office, social security will run into financial trouble. by the year 2030 the amount social security pays out will exceed the tax revenue coming in. so, chris, in about 20 years the program will not be able to pay for itself. >> thank you for that, richard. we'll take a quick break, come back and let our panel weigh in on the medicare debate. we'll be right back. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find quality eyewear brands starting at just $38. only at walmart. what are they fitting, aliens? now we need a lit
it's going to have to be tweaked the way it was by ronald reagan and speaker, democratic speaker tip o'neal. >> according to the congressional budget office, social security will run into financial trouble. by the year 2030 the amount social security pays out will exceed the tax revenue coming in. so, chris, in about 20 years the program will not be able to pay for itself. >> thank you for that, richard. we'll take a quick break, come back and let our panel weigh in on the medicare...
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it's not easy to beat an incumbent president, and mitt romney is no ronald reagan or bill clinton. >> when you he an incumbent president with 8% unemployment, it's very difficult to win. romney has proven to be the worst candidate we've seen in perhaps 30, 40 years. i go back to steve's memory now when we get into 50, 60, 70 years. i agree with what's said including your points about mccain. if romney ran in '08 as he is now, obviously he did run in '08 and it didn't work out with him. one day we blame romney, and we've seen a lot of blame for romney throughout the campaign. one day blaming the polling and liberal media. i think that's a stretch. when do we look at the ideology and the difficult sell that is for the american people. when you have a party where the conventional wisdom is that this is a party that is here for the rich to serve the rich and the corporations, that's a very difficult sell. i don't know that chris christie, regular guy, could sell that better. i don't know if rick santorum can sell that better than what we've seen already. >> well, obviously, there's 39, 38
it's not easy to beat an incumbent president, and mitt romney is no ronald reagan or bill clinton. >> when you he an incumbent president with 8% unemployment, it's very difficult to win. romney has proven to be the worst candidate we've seen in perhaps 30, 40 years. i go back to steve's memory now when we get into 50, 60, 70 years. i agree with what's said including your points about mccain. if romney ran in '08 as he is now, obviously he did run in '08 and it didn't work out with him....
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>> ronald reagan. >> you got it. >> ronald reagan, 1980. >> '84. >> that's right. i think you both get a sticker for that one. ronald reagan in 1984 and obviously, he was at the time 73. he was running against mondale who was 56. cleaned mondale's clock. age was not used against reagan. >>> parker is back. >> nothing but a number. >> nothing but a number. parker is back for the second one. >> i knew jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. >> jamaal. >> lloyd benson in the vice presidential debate and you remembered it was lloyd benson. good job. >> nerdland for a reason. >> what state, jamaal? >> he was from texas. >> does anybody remember what dan quayle said in response? >> he said that's uncalled for. >> that's exactly it. >> crawl under the podium. >> after the laughing subsided in the crowd. >> that was a pretty good one. >> i think that's my best. >> he's being polite. he's not hitting his bell until she is through. >> here's the next parker video. >> george bush taking credit for the berlin wall coming down is like t
>> ronald reagan. >> you got it. >> ronald reagan, 1980. >> '84. >> that's right. i think you both get a sticker for that one. ronald reagan in 1984 and obviously, he was at the time 73. he was running against mondale who was 56. cleaned mondale's clock. age was not used against reagan. >>> parker is back. >> nothing but a number. >> nothing but a number. parker is back for the second one. >> i knew jack kennedy. jack kennedy was a friend...
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. >> al gore: i think the single best line is when ronald reagan said i'm not going to make an issue of age and hold my opponent's age against him. great good humor, funny, but it ended the race. >> cenk: yeah to the point we were discussing earlier about substance, you know, one of the most memorable moments was when george hw bush looked at his watch. here we go. >> i'm jim lehrer and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and form massachusetts governor mitt romney, the republican nominee. this debate as the next three, two presidential one vice presidential are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15 minute segments. thousands of people offered suggestions on segment subjects but i made the final selections and for the record they were not submitted for approval to the commission or the candidates. the segments will be three on the economy and one each on healt
. >> al gore: i think the single best line is when ronald reagan said i'm not going to make an issue of age and hold my opponent's age against him. great good humor, funny, but it ended the race. >> cenk: yeah to the point we were discussing earlier about substance, you know, one of the most memorable moments was when george hw bush looked at his watch. here we go. >> i'm jim lehrer and i welcome you to the first of the 2012 presidential debates between president barack obama,...
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bush did and what ronald reagan did. >> there is one element of truth. did the deduction side. the truth is the entire thing is up to congress. the president proposes the notion of the way that he should go. the side thea that he can stand up there and not tell anyone in america what he will veto if congress tries to do their mortgage deduction is a complete altercation of it. >> in which what you are supposed to do as a president is tell the american people and i guess congress the popular part of what you would do but it would be overstepping to sell to them the tough parts required to make it work. and if the president isn't going to be able to go out and get support for the hard parts. the tax cut part, that is the easy bit. >> thank you for joining me tonight. >> coming up, paul ryan keeps saying it takes too long to explain the math of his budget plan. but i think joe biden will let him have all the time that he needs let's week and later it is mitt romney versus big bird and in the rewrite what really happened in that debate last night. the answer less than you think. â™
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reagan. do you buy that? the person he's talking against doesn't. a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the moist, chewy, deliciousness you desire. mmmm. thanks. [ man ] at 90 calories, the brownie of your dreams is now deliciously real. [ female announcer ] and now, try our new chocolate chip cookie 90 calorie brownie. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with
reagan. do you buy that? the person he's talking against doesn't. a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! ♪ (train horn) vo: wherever our trains go, the...
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he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a complete secret. >> reporter: before the release, they are literally sworn to secrecy. the white house doesn't see their work until it's done. and tom keeps the report in a safe in his office. you've been working here more than 20 years. have you ever had a situation, or heard of a situation, where somebody at the white house calls, says, hey, can you move the number a little bit? >> absolutely not, has never happened. >> reporter: could it happen? >> a lot of people would be leaving this building if it did. it would not happen. >> reporter: today, the american enterprise institute, a prominent conservative think tank here in washington dismissed suggestions that the white house interfered with the unemployment number, saying talk like that, quote, should be conf
he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a complete secret. >> reporter: before the release, they are literally sworn to secrecy. the white house doesn't see their work until it's done. and tom keeps the report in a safe in his office. you've...
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what i do is the same way that tip o'neill and ronald reagan worked together some years ago. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i'm going to work together with congress and say what are the various ways we can bring down deductions? one way is to have a single number. make up a number, $25,000, $50,000, anybody can have deductions up to that amount. and then the deductions disappear after that you could follow bowles-simpson and do it deduction by deduction. and make differences that way. there are alternatives to accomplish the objectives i have. we need to bring down rates, broaden the base, simplify the code and create incentives for growth. with regard to health care, you had remarkable details with regard to my pre-existing condition plan. you obviously studied up on my plan. i do deal with people with preexisting conditions, that's part of my
what i do is the same way that tip o'neill and ronald reagan worked together some years ago. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i'm going to work together with congress and say what are the various ways we can bring down deductions? one way is to have a single...
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ronald reagan was good at the jokes. you also have to know how to deliver them. >> absolutely. >> you can have great jokes written, but if you say them at the wrong minute it will backfire. >> a couple seconds left. what's your favorite debate moment in history? >> i like 1980 when ronald reagan said, ther said, "there o again." there's a whole wikipedia site on that quote. it allowed ronald reagan to triumph. >> great to talk to you today. thank you so much for joining us. >> thank you. take care. >> lots to look forward to next week. all right, what would you do for the man or woman you love? up next, how this man made his girlfriend's dream come true. stay with us. [ owner ] i need to expand to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage my cash flow better. [ female announcer ] our wells fargo bankers are here to listen, offer guidance and provide you with options tailored to your business. we've loaned more money to small businesses than any other bank for
ronald reagan was good at the jokes. you also have to know how to deliver them. >> absolutely. >> you can have great jokes written, but if you say them at the wrong minute it will backfire. >> a couple seconds left. what's your favorite debate moment in history? >> i like 1980 when ronald reagan said, ther said, "there o again." there's a whole wikipedia site on that quote. it allowed ronald reagan to triumph. >> great to talk to you today. thank you so...
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what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000. anybody can have deductions up to that amount. that number disappears for high income people. one could follow bowles simspn as a model. there are other ways to accomplish the objective that i have it. simplify the code, broaden the base, and create incentives for growth. with regards to health care, you obviously studied up on my plan. in fact, i do have a plan that deals with people with pre- existing conditions. what we did in massachusetts is a model for the nation state by state. i have said that at that time. the federal government taking over health care for the entire nat
what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000....
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it's going to have to be tweaked the way it was by ronald reagan and speaker -- democratic speaker tip o'neill. but the basic structure is sound. but i want to talk about the values behind social security and medicare. and then talk about medicare because that's the big driver -- >> sure. >> -- of our deficits right now. you know, my grandmother, some of you know, helped to raise me, my grandparents did. my grandfather died a while back. my grandmother died three days before i was elected president. and she was fiercely independent. she worked her way up, only had a high school education, started as a secretary, ended up being the vice president of a local bank. and she ended up living alone by choice. and the reason she could be independent is because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee, a floor under which she could not go. and that's the perspective i bring when i think about what's called entitlements. you know, the name itself implies some sense of dependency on the part of these folks. th
it's going to have to be tweaked the way it was by ronald reagan and speaker -- democratic speaker tip o'neill. but the basic structure is sound. but i want to talk about the values behind social security and medicare. and then talk about medicare because that's the big driver -- >> sure. >> -- of our deficits right now. you know, my grandmother, some of you know, helped to raise me, my grandparents did. my grandfather died a while back. my grandmother died three days before i was...
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ronald reagan, they said he didn't pay attention to details. he had the big things right. now that we have gone back, read diaries and letters, we know he did a lot of that work himself, didn't delegate to staff. it was the big ideas. he let staff handle the details. also, you have to be able to manage people. to some extent one of the criticisms i have of president obama is that he has turned too much over to other people and doesn't work well with congress. you need to work well together. >> let me ask you about the relationship with senator mccain. i asked it of senator hutchinson. is it a blessing or curse to have the president or nominee be from your home state. >> john and i represent the same constituency, he will be elected to senate, i will be gone before he will. he is my colleague this entire time. larger than life in many respects. that has its plus and minuses, he is playing the national issues, i am doing a lot of things that relate to the state. he is very good when he focuses on a state issue. he can be effective working on a state issue as well. we have be
ronald reagan, they said he didn't pay attention to details. he had the big things right. now that we have gone back, read diaries and letters, we know he did a lot of that work himself, didn't delegate to staff. it was the big ideas. he let staff handle the details. also, you have to be able to manage people. to some extent one of the criticisms i have of president obama is that he has turned too much over to other people and doesn't work well with congress. you need to work well together....